$750,000
Rare Opportunity: FAA-Registered Private Airport on 25 Acres with Residence & Outbuildings | I-70 Access - Introducing Patrum Field Airport, a unique and fully FAA-approved/private registered airfield (per Estate) offering incredible flexibility and opportunity. Located just feet from I-70 with convenient county road access, this 25-acre property is ideal for aviation enthusiasts, private pilots, or investors looking for a multi-use homestead or airpark. The property features a 2,400' grass landing strip, 7 open aircraft parking spots, and 3 covered hangar bays, offering space for up to 10 private planes. The main hangar includes an attached heated workshop with Observation/air traffic control tower...perfect for aircraft maintenance, hobbies, or additional storage. In addition to its aviation potential, the land includes multiple outbuildings, one of which was formerly a cow barn, offering unique character and potential for agricultural, equestrian, or creative re-use: Such as ample space for cars, RV, boat, plane, or storage. The grounds are well-maintained and thoughtfully laid out for functionality and ease of access. The residence is a solid, one-owner brick home boasting over 2,500 square feet of living space. Impeccably maintained inside and out, the home features some handicap-accessible elements and offers a spacious, single-level layout with generous living areas, ideal for comfortable everyday living or hosting guests. Whether you're looking to live, fly, farm or raise horses, this exceptional property combines location, access, and rare FAA designation in one outstanding package. All of this is ready for immediate use or future vision. Showings by appointment only. Don't miss your chance to own a piece of aviation-ready real estate - opportunities like this are few and far between.
GPS Friendly
Attic Access, Cathedral Ceiling(s), Kitchen Island, Entrance Foyer, Paddle Fan, Handicap Accessible Interior, Hardwood Floors, Hi-Speed Internet Availbl, Eat-in Kitchen, Pantry, Supplemental Storage, WoodWorkStain/Painted, Dishwasher, Electric Oven, Refrigerator, Water Softener Owned, Covered, Patio, Cable Available, Sep Electric Meter, Septic System
| MLS # | 22052419 |
|---|---|
| Date Listed | 2025-07-22 |
| Status | Active |
| Property Type | Residential |
| Property SubType | Single Family Residence |
| Square Feet | 3517 sqft |
| New Construction | No |
| Style | Ranch |
| Type | Single Family Residence |
| Basement | Ceiling - 9+ feet, Interior Entry, Partial, Storage Space, Unfinished |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Year Taxes Payable | 2024 |
| Year Built | 1992 |
| Virtual Tour | videos.backatyou.com » |
| Days on Market | 137 |
| Design | Ranch |
|---|---|
| Cooling | Central Air |
| Heating | Forced Air, Natural Gas, Propane |
| Garage | Yes |
| Main Level Laundry | Yes |
| Outbuilding | Yes |
| Construction | Single Family Residence |
|---|---|
| Exterior | Covered, Patio |
| Lot Size | 1,050,667 sq ft |
| Acreage | 25.00 Acres |
| Sewer | Septic |
| Water | Well, Private |
| Fence | None |
| Area | Morgan |
|---|---|
| County | Morgan |
| Subdivision | No Subdivision |
| Township | Adams |
| City | Stilesville |
| State | IN |
| Zip | 46180 |
| School District | Eminence Community School Corp |
|---|
| Assoc. Dues | $0.00 |
|---|
MLS# 22052419
IDX information provided by the MIBOR REALTOR® Association.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Listing Provided Courtesy of Debbie Cox
Carpenter, REALTORS®
dcox@callcarpenter.com
Listing updated October 31, 2025 at 12:20 pm
Last checked 8 minutes ago